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Credit Union changes bursary policy

The Summerland Credit Union has loosened the requirements for students applying for Grade 12 bursaries.

The Summerland Credit Union has loosened the requirements for students applying for Grade 12 bursaries.

The changes, approved by the board, allow any student who is a Credit Union member to apply for one of up to five $1,000 bursaries. In the past, the bursaries were only available for Summerland Secondary School graduates.

Sandy Berry, a member of the board of directors, said the change allows applications from Credit Union members who are studying in Penticton’s high schools or any other recognized public or private secondary school program. “It reflects an understanding that the nature of education is changing for young people,” he said.

Grade 12 students receiving the bursaries must be 19 or younger when they graduate. They must be independent members of the credit union in good standing, six months prior to application. They must demonstrate financial need and they must show community involvement or volunteer work.

The application deadline is May 31.

Bursaries will be presented at a ceremony at the Credit Union.

Information about the bursaries and application forms are available at the Credit Union’s website at sdcu.com.